Tag Archives: headline

Daily Headline – 30/01/13

South Korea launches into space

ROK Naro-1South Korea has successfully launched it’s Naro-1 rocket into space for the first time, on board is a Science and Technology Satellite (STSAT 2C).

Previous attempts by South Korea in 2009 and 2010 both failed.

Last month North Korea launched their Unha-3 rocket into space which was followed by further UN sanctions.

Why is it that two nations who are technically still at war face a situation of complete double standards?
North Korea launches a space rocket, gets more UN sanctions, South Korea launches a space rocket, gets a pat on the back.

Whether we agree or not with North and/or South Korean politics and general way of doing things surely they must be treated in the same way considering their joint history and the fact that both sides over-step the cease fire agreement.

Daily Headline – 24/01/13

Japan posts record high trade deficit in 2012

Japanese economy flag

Japan has the highest government debt as a percentage of GDP running at 229.77% in 2011. To put that into perspective in the same year ‘economic crisis’ stricken Greece has the 2nd worst at 160.81%.

The 2012 figures are not officially out yet but Japan is set to be 238.44% and Greece (still 2nd worst) is 189.15%. After 2012 Greece’s debt (as a percentage of GDP) is set to get better year after year whereas Japan’s is set to continue getting worse

Japan is continually ruled by centralist and centre-right governments.

Japan cannot and will not come up with the answers to its problems while it continues to keep Capitalism on life-support.